Reply to Enlighten me about SAHMs and credit cards

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

The problem with this is if a person is in an abusive relationship and they need a credit card to help get out of that relationship they can not get a credit card without the abuser's permission.
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OP here. Thanks for posting this.

I know some women's groups have a problem with the Card Act for the reasons you mentioned. I think it's a valid reasons to find it problematic. [/quote]

Yes. I also read somewhere (because wasn't this Act approved months ago) that it was agreed that [b]it is not the responsiblity of credit card companies to protect abused persons[/b] and that private instituations should fund initiatives and receive grants for protection.

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I completely agree with this. While there are unfortuate situations out there that this new law might negatively impact, credit card companies should not be on the hook for extending credit to people with no income on the off chance they are being abused and will need a method to get out. That just isn't logical or fiscally responsible.[/quote]

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